Monday, May 30, 2011

Are You Better Off Now Than You Were Two Years Ago?

“Are you better off than you were four years ago?” -  Ronald Reagan before 1980 election

"And though we’re just over halfway through President Obama’s first term in office, it seems all Americans should ask themselves if we’re better off now than we were two years ago.

The answer [now] is just as straightforward: No, we’re not. Unemployment is at 9% and our national debt is over $14,000,000,000,000. According to Reuters, our floundering economy is only poised to get worse. Obama’s answer to the unemployment and incomprehensible debt is to raise taxes to the tune of $2 trillion: that’s “$1 trillion in new taxes on wealthier Americans (and small businesses)” and another trillion sought “in higher tax revenues by reducing tax breaks and subsidies.”  "
[Pajamas Media]

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